Why Gold is risky than Forex pairs?

[Ethan]

I prefer trading Gold regardless of its risk.

 

[Ethan]

While both gold and forex trading involve risks, gold is often considered riskier due to its price volatility. Gold prices can be influenced by global economic conditions, geopolitical events, and changes in investor sentiment, leading to significant price swings. Forex pairs, while also volatile, may have more diverse influencing factors, potentially offering a broader risk landscape. It's essential for traders to thoroughly understand the dynamics of both markets and employ risk management strategies.